Question: Can you solve this financial accounting problem using accurate calculation methods? Pine hill Enterprises had $12 million in gross income, operating expenses of $3.5 million,

Can you solve this financial accounting problem using accurate calculation methods?

Pine hill Enterprises had $12 million in gross income, operating expenses of $3.5 million, paid $1.5 million in interest on $12 million borrowed, and paid a dividend of $1.2 million. What is Pine hill Enterprises' taxable income

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